Which of the Following Is a Long-Run Adjustment

question 165

Multiple Choice

Which of the following is a long-run adjustment?

• A)A new economics professor is hired on campus.
• B)General Motors increases its orders for steel.
• C)Microsoft cuts back its hiring of new graduates.
• D)Glow Electric disassembles one of its nuclear power plants.
• E)Texaco buys more crude oil to refine into gasoline.

---

Definitions:

Demographic Impacts

The effects that changes in the demographic profile of a population have on various societal elements, including the workforce, economy, and consumer trends.

Human Resources

The department within an organization that is responsible for all aspects of managing the employer-employee relationship, including recruitment, training, performance management, and ensuring compliance with employment laws.

Advances in Technology

Refers to the progress and improvements in technological tools, systems, and methodologies that enhance productivity, efficiency, and innovation.

Data Entry

The process of inputting data or information into a computer system or database, often from paper documents, for the purpose of processing or management.